MEDI-TEL: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
MEDI-TEL
Largest movements
- Receivables within one year +€42,005
up €42,005 (+30.1%), from €139,657 to €181,662
of which Other amounts receivable: +€44,576
- Cash -€5,330
down €5,330 (-72.4%), from €7,361 to €2,031
mainly Receivables within one year (-€42,005) and Accrued charges and deferred income (-€129)
- Profit (loss) carried forward +€34,895
up €34,895 (+40.8%), from €85,499 to €120,394
- Staff costs -€34,420
down €34,420 (-43.0%), from €80,064 to €45,644
- Gross operating margin -€14,159
down €14,159 (-13.9%), from €101,773 to €87,614
- Taxes +€6,489
up €6,489 (+91.7%), from €7,074 to €13,563
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €160,472 | €196,679 | +€36,207 | +22.6% |
| Fixed assets | 21/28 | €13,337 | €12,866 | -€471 | -3.5% |
| Tangible fixed assets | 22/27 | €1,407 | €936 | -€471 | -33.5% |
| Furniture and vehicles | 24 | €1,407 | €936 | -€471 | -33.5% |
| Financial fixed assets | 28 | €11,930 | €11,930 | = | 0.0% |
| Current assets | 29/58 | €147,135 | €183,813 | +€36,678 | +24.9% |
| Amounts receivable within one year | 40/41 | €139,657 | €181,662 | +€42,005 | +30.1% |
| Trade receivables | 40 | €17,284 | €14,714 | -€2,571 | -14.9% |
| Other amounts receivable | 41 | €122,373 | €166,948 | +€44,576 | +36.4% |
| Cash at bank and in hand | 54/58 | €7,361 | €2,031 | -€5,330 | -72.4% |
| Deferred charges and accrued income | 490/1 | €117 | €121 | +€4 | +3.0% |
| Total equity and liabilities | 10/49 | €160,472 | €196,679 | +€36,207 | +22.6% |
| Equity | 10/15 | €106,399 | €141,294 | +€34,895 | +32.8% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,499 | €120,394 | +€34,895 | +40.8% |
| Amounts payable | 17/49 | €54,073 | €55,385 | +€1,312 | +2.4% |
| Amounts payable within one year | 42/48 | €53,943 | €55,385 | +€1,441 | +2.7% |
| Trade debts | 44 | €3,570 | €5,044 | +€1,474 | +41.3% |
| Suppliers | 440/4 | €3,570 | €5,044 | +€1,474 | +41.3% |
| Taxes, remuneration and social security | 45 | €50,373 | €50,341 | -€33 | -0.1% |
| Taxes | 450/3 | €16,494 | €21,387 | +€4,893 | +29.7% |
| Remuneration and social security | 454/9 | €33,880 | €28,954 | -€4,926 | -14.5% |
| Accrued charges and deferred income | 492/3 | €129 | - | -€129 | |
| Remuneration, social security and pensions | 62 | €80,064 | €45,644 | -€34,420 | -43.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €471 | €471 | = | 0.0% |
| Other operating charges | 640/8 | - | €119 | +€119 | |
| Gross operating margin | 9900 | €101,773 | €87,614 | -€14,159 | -13.9% |
| Operating profit (loss) | 9901 | €21,238 | €41,379 | +€20,142 | +94.8% |
| Financial income | 75/76B | €6,786 | €7,782 | +€996 | +14.7% |
| Recurring financial income | 75 | €6,786 | €7,782 | +€996 | +14.7% |
| Financial charges | 65/66B | €197 | €703 | +€507 | +257% |
| Recurring financial charges | 65 | €197 | €703 | +€507 | +257% |
| Profit (loss) for the period before taxes | 9903 | €27,827 | €48,458 | +€20,631 | +74.1% |
| Income taxes | 67/77 | €7,074 | €13,563 | +€6,489 | +91.7% |
| Profit (loss) for the period | 9904 | €20,753 | €34,895 | +€14,142 | +68.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,753 | €34,895 | +€14,142 | +68.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.